Netflix wants a Subsequent Large Factor
Disney has Disney+, but it also has theme parks, plush Baby Yoda dolls, blockbuster Marvel movies and ESPN. Comcast (CMCSA), Amazon (AMZN), ViacomCBS (VIACA), CNN’s parent company WarnerMedia and Apple (AAPL) all have their own streaming services, too, but they also have other forms of revenue.
As for Netflix (NFLX), its revenue driver is based entirely on building its subscriber base. It’s worked out well for the company — so far. But it’s starting to look like the king of streaming will soon need something other than new subscribers to keep growing.
That was a big whiff for Netflix — a company coming off a massive year of growth thanks in large part to the pandemic driving people indoors — and Wall Street’s reaction has not been great.
The company’s stock dropped as much as 8% on Wednesday, leading some to wonder what the future of the streamer looks like if competition continues to gain strength, people start heading outdoors and if, most importantly, its growth slows.
“If you…
The post Netflix wants a Subsequent Large Factor appeared first on CaymanMama.com | News.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
